SecBI Ltd.

SecBI Ltd. , based in Israel, develops advanced cybersecurity solutions that enhance threat detection and response capabilities for organizations worldwide. Founded in 2014 in Tel Aviv-Yafo, Israel, SecBI Ltd. specializes in cybersecurity technologies.

In September 2021, the company was acquired by LogPoint A/S, enhancing its capabilities. The firm has engaged in 2 total deals, with its latest funding round being Series A, raising USD 5. 00 mn from Connecticut Innovations, Jerusalem Venture Partners, and Orange Ventures, totaling USD 5. 00 mn raised since inception.

SecBI Ltd. offers cybersecurity solutions that integrate various technologies to provide comprehensive visibility into IT infrastructures. Their platform specializes in threat detection using advanced algorithms to correlate security events across multiple data sources, catering to diverse clients including Managed Security Service Providers (MSSPs) and organizations in critical sectors. The company generates revenue through subscription-based models for its advanced cybersecurity solutions, allowing MSSPs to manage multiple deployments efficiently.

Service agreements are typically structured with tiered pricing tailored to the complexity of deployments, serving enterprise clients focused on data security and operational efficiency. SecBI Ltd. plans to leverage its recent acquisition to enhance product offerings, focusing on playbook-based automation for improved cyber threat response. The company aims to expand its market presence in North America and Europe by 2023, utilizing the funding secured in the Series A round to support these strategic initiatives.